Publication: On the impossibility of representing infinite utility streams
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2007-06
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Abstract
We show that, independently of the topology chosen on the set of all infinity utility streams,
there is no Social Welfare Function preserving the von Weizsäcker’s overtaking criterion. With
our proof we extend the impossibility result of Basu and Mitra.
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Intergenerational equity, Pareto, Social Welfare functions, Overtaking criterion